A specific type of method that is used in the bond market that is utilized in determining the bond's accrued interest as well as its present value, and also essentially helps with determining the number of days that exist between two of a bond's coupon dates.
Related information about day count convention:
- Day count convention - Wikipedia, the free encyclopedia
In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, ...
- Day-Count Convention Definition | Investopedia
A system used to determine the number of days between two coupon dates, which is important in calculating accrued interest and present value when the next ...
- Day Count Convention - TreasuryView
Jan 16, 2012 ... The Day Count Convention determines how interest is calculated between coupon payments on financial transactions such as funding, ...
- Day-Count Convention - Financial Dictionary - The Free Dictionary
Day-Count Convention. Also found in: Wikipedia, 0.01 sec. Day-Count Convention. An assumption used to calculate the frequency of coupon payments for a ...
- ISDA Trading Practice Committee
Apr 27, 2010 ... The International Capital Markets Association (ICMA) has verified to ISDA that the Day Count Convention formerly known as ACT/ACT (ISMA) is ...
- Interest Rate Instruments and Market Conventions ... - OpenGamma
Apr 4, 2012 ... This day count convention is also called Bond basis. 3. ... This is the most used day count convention for money market instruments (maturity ...
- What is day count convention? definition and meaning
Definition of day count convention: A specific type of method that is used in the bond market that is utilized in determining the bond's accrued interest as well as ...
- day count convention - Wiktionary
day count convention (plural day count conventions). (finance) A convention on how interest accrues over time for a variety of investments, including bonds, ...